Financial Survival Network, Released on 1/29/20
Something bad was always going to happen. Whether this is it or not, we don’t yet know. This virus is contagious before the symptoms show up. With people traveling all over the world, there’s no way to contain it. It’s already having an impact. China is already on lockdown and there’s been rioting Hong Kong over plans to place victims in public housing. Closing down of international trade could result and that will cause central banks to cut rates.
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney’s James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980’s on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990’s he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He currently writes for CFA Magazine.